The stock is up 28.45% or $1.01 following the news, hitting $4.56 per share. About 752,286 shares traded hands or up 5105.05% from the average.
Alon Blue Square Israel Ltd. is a retail company. The company has a market cap of $27.61 million. The Company’s divisions include Supermarkets, Fueling and Commercial Sites, Houseware and Textile, Real Estate and Other. It currently has negative earnings. In its Supermarkets segment, operated mostly through Mega Retail Ltd. , the Company is retailer in the State of Israel.